No Bull Economics Lessons

Macroeconomics & Microeconomics Concepts You Must Know

Essential Questions

How do you graph a monopoly with an economic profit?

Posted on April 14, 2014 at 5:55 PM

To illustrate a monopoly with a short run economic profit, the demand curve must exceed the average total cost curve at the marginal revenue equals marginal cost level of output.

The No Bull Review video below shows you exactly how to do it!

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AP Microeconomics Unit 2 Product Markets

Categories: AP Microeconomics, Micro Unit 2 Product Markets

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